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Torrent Power
3.7
based on 1.4k Reviews
Company Overview
Associated Companies
Company Locations
Working at Torrent Power
Company Summary
Overall Rating
3.7/5
based on 1.4k reviews
7% below
industry average
Highly rated for
Job security, Work-life balance
Critically rated for
Promotions, Salary, Work satisfaction
Work Policy
Work from office
91% employees reported
Alternate Saturday off
53% employees reported
Strict timing
62% employees reported
No travel
46% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
106 employees reported
Job/Soft skill training
101 employees reported
Cafeteria
49 employees reported
Office cab/shuttle
41 employees reported
View all benefits
About Torrent Power
Founded in1996 (29 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersAhmedabad, Gujrat, India
Office Locations
--
Websitetorrentpower.com
Primary Industry
Other Industries
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Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21000 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Torrent Power foresaw the prospects in the power sector much before the liberalization, when it took-over and successfully turned around an ailing power cable company Mahendra Electricals, renaming it as ‘Torrent Cables Ltd.’ (now merged with Torrent Power Limited w.e.f. 1st April, 2014). The high points of Torrent’s foray into power however were the acquisitions of two of the India’s oldest utilities – The Surat Electricity Company Ltd and The Ahmedabad Electricity Company Ltd. Torrent turned them into first rate power utilities, in terms of operational efficiencies and reliability of power supply.
Torrent ranks amongst the best run power utilities in the country with highly efficient generation assets. It has a portfolio of coal based, gas based and renewable power plants with an aggregate generation capacity of 4553.8 MW. It has under-construction wind power plants aggregating to 851.3 MW. The gas based plants of the Company possess greater environmental value with state of the art technology and in-built efficiency enhancing design features.
Mission: Torrent believes in and constantly strives to build, are: Integrity, Passion for Excellence, Participative Decision Making, Concern for Society & Environment, Fairness with Care and Transparency.
Vision: From establishing a prominent presence in the generation sector through thermal and renewable generation - to creating a link to the distribution utilities through an effective transmission network - to reaching the end consumer with uninterrupted power supply and 24X7 customer care initiatives through its distribution network, Torrent Power has proven its mettle as an integrated power utility.
Torrent Power Ratings
based on 1.4k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
563
4
404
3
239
2
93
1
123
Category Ratings
4.2
Job security
3.8
Work-life balance
3.5
Company culture
3.4
Skill development
3.3
Work satisfaction
3.2
Salary
3.0
Promotions
Torrent Power is rated 3.7 out of 5 stars on AmbitionBox, based on 1.4k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Torrent Power
based on 1.3k reviews
3.7
Rated by 95 Women
Rated 4.2 for Job security and 3.8 for Work-life balance
3.7
Rated by 1.2k Men
Rated 4.2 for Job security and 3.8 for Work-life balance
Work Policy at Torrent Power
based on 174 reviews in last 6 months
Work from office
91%
Hybrid
5%
Permanent work from home
4%
Torrent Power Reviews
Top mentions in Torrent Power Reviews
+ 5 more
Compare Torrent Power with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 1.4k reviews | 4.2/5 based on 1.5k reviews | 3.9/5 based on 1.4k reviews | 3.9/5 based on 1.8k reviews |
Highly Rated for | Job security Work-life balance | Skill development Work-life balance Job security | Job security Work-life balance Skill development | Skill development Job security Salary |
Critically Rated for | Promotions Salary Work satisfaction | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 91% employees reported | Work from office 80% employees reported | Work from office 85% employees reported | Work from office 80% employees reported |
Rating by Women Employees | 3.7 Good rated by 95 women | 4.0 Good rated by 89 women | 3.7 Good rated by 139 women | 3.8 Good rated by 25 women |
Rating by Men Employees | 3.7 Good rated by 1.2k men | 4.2 Good rated by 1.3k men | 4.0 Good rated by 1.1k men | 3.9 Good rated by 1.7k men |
Job security | 4.2 Good | 4.0 Good | 4.3 Good | 3.9 Good |
View more
Torrent Power Salaries
Torrent Power salaries have received with an average score of 3.2 out of 5 by 1.4k employees.
Executive Engineer
(958 salaries)
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₹3 L/yr - ₹7.7 L/yr
Junior Executive
(493 salaries)
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₹2 L/yr - ₹4.9 L/yr
Graduate Engineer Trainee (Get)
(152 salaries)
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₹2 L/yr - ₹4.5 L/yr
Office Assistant
(142 salaries)
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₹1.8 L/yr - ₹6.3 L/yr
Executive Engineer Electrical
(105 salaries)
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₹3.8 L/yr - ₹6.7 L/yr
Electrical Engineer
(100 salaries)
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₹2.4 L/yr - ₹7.3 L/yr
Distribution Executive
(97 salaries)
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₹3.6 L/yr - ₹8.5 L/yr
Assistant General Manager
(87 salaries)
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₹23 L/yr - ₹54 L/yr
Executive Officer
(76 salaries)
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₹2.9 L/yr - ₹9.3 L/yr
Administration Assistant
(69 salaries)
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₹1.7 L/yr - ₹4 L/yr
Torrent Power Interview Questions
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Top Torrent Power interview questions and answers
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Torrent Power Jobs
Torrent Power News
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Suzlon and Torrent Power achieve 1 GW wind energy milestone with a new 486 MW order
- Suzlon and Torrent Power have achieved a milestone of 1 GW wind energy with a new 486 MW order.
- Under the agreement, Suzlon will supply 162 S144 wind turbine generators with Hybrid Lattice Towers in the Bhogat region in Gujarat.
- The partnership between Suzlon and Torrent Power has leveraged advanced technologies to deliver quality power to nearly 1 million households.
- Both companies are committed to driving India's energy transition and building a sustainable future.
HinduBusinessLine | 25 Jan, 2025
Suzlon and Torrent Power achieve 1 GW wind energy milestone with a new 486 MW order
- Suzlon and Torrent Power have achieved a 1 GW wind energy milestone with a new 486 MW order.
- Under the agreement, Suzlon will supply 162 state-of-the-art S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at 3 MW capacity in the Bhogat region in Gujarat.
- The collaboration between Suzlon and Torrent Power has reached this milestone by leveraging advanced technologies to deliver quality power to nearly 1 million households.
- Both companies remain committed to driving India's energy transition and building a sustainable future.
HinduBusinessLine | 24 Jan, 2025
NBCC, Torrent Power, Gland Pharma F&O Contracts To Start Trading From Jan. 31
- The futures and options contract of six securities, including NBCC (India) Ltd., Torrent Power Ltd., and Gland Pharma Ltd., will begin trading from Jan. 31.
- Castrol India Ltd., the Phoenix Mills Ltd., and Solar Industries India Ltd. will also be part of the derivative segment.
- The move aims to deepen market participation, enhance price discovery, and improve market liquidity.
- To be included in the derivatives segment, a stock must meet certain criteria, including a maximum market-wide position limit of Rs 300 crore.
Bloomberg Quint | 7 Jan, 2025
Stocks that will see action today: December 10, 2024
- Patanjali Foods Ltd fined ₹1 lakh for violating ground water regulations.
- Tiger Logistics approves proposal to raise ₹400 crore via preferential issue.
- Torrent Power's ₹3,500 crore QIP issue oversubscribed four times.
- Metropolis Healthcare to acquire Core Diagnostics for ₹247 crore.
HinduBusinessLine | 10 Dec, 2024
Torrent Power QIP subscribed 4 times
- Torrent Power's QIP (Qualified Institutional Placement) has been subscribed 4 times, receiving bids of about ₹14,000 crore against the base issue size of ₹3,500 crore.
- The strong demand from domestic mutual funds, global investors, and insurance companies demonstrates their confidence in the company's fundamentals and India's power sector.
- The QIP was well-received by marquee long only investors, including SBI MF, Capital Group, SBI Pension, Kotak MF, Nippon MF, Norges Bank, and Amundi.
- This equity raise is the first in three decades by Torrent Group and is one of the largest fund raises conducted by a private utility player in India this financial year.
HinduBusinessLine | 9 Dec, 2024
Torrent Power Raises Rs 3,500 Crore Through Qualified Institutional Placement
- Torrent Power raises approximately Rs 3,500 crore through Qualified Institutional Placement (QIP) of equity shares.
- The company allotted 2.3 crore equity shares to eligible institutional investors at a price of Rs 1,503 per share.
- This issuance is part of Torrent Power's strategy to raise capital for future business expansion and strengthen its financial position.
- QIP allows listed companies to raise capital from domestic markets without extensive regulatory filings.
Bloomberg Quint | 6 Dec, 2024
Stocks To Watch: Torrent Power, Bajaj Finserv, Coal India, HUL, KEC International
- Torrent Power Ltd., Bajaj Finserv Ltd. and Moil Ltd. are stocks to watch before going into trade.
- Torrent Power board approved the launch of its QIP to raise up to Rs 5,000 crore to reduce debt.
- Bajaj Finserv ended its co-branded card partnership with DBS Bank India.
- Moil's manganese ore production reached a record of 1.63 lakh tonnes in November.
Bloomberg Quint | 3 Dec, 2024
Torrent Power Q2 Results: Net Profit Falls 9% To Rs 496 Crore
- Torrent Power reported a 9% decline in net profit for Q2, reaching Rs 496 crore.
- The decline in net profit was attributed to reduced merchant power sales and renewable output.
- Higher finance and depreciation costs were incurred due to the addition of renewable capacity.
- Despite the decline in net profit, Torrent Power saw a 3.1% rise in revenue and its shares gained over 100% in the last 12 months.
Bloomberg Quint | 13 Nov, 2024
Torrent Power reports 8.5% decline in Q2 net profit
- Torrent Power reported a decline of 8.5% in its Q2 net profit.
- The company's net profit for the July-September period was ₹496 crore, compared to ₹542.5 crore profit reported during the same period last year.
- The lower profit can be attributed to various factors, including lower contribution from thermal generation and renewable businesses, increased finance and depreciation costs, and reduced sale of merchant power due to lower electricity demand.
- However, Torrent Power's revenue from operations rose 3% to ₹7,176 crore in the second quarter.
HinduBusinessLine | 13 Nov, 2024
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Torrent Power Subsidiaries
Torrent Cables
4.1
• 20 reviews
Ahmedabad Electricity Company
2.4
• 5 reviews
Torrent Energy
4.4
• 3 reviews
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Torrent Power FAQs
When was Torrent Power founded?
Torrent Power was founded in 1996. The company has been operating for 29 years primarily in the Power sector.
Where is the Torrent Power headquarters located?
Torrent Power is headquartered in Ahmedabad, Gujrat.
How many employees does Torrent Power have in India?
Torrent Power currently has more than 8,200+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Torrent Power based on the number of reviews submitted on AmbitionBox.
Does Torrent Power have good work-life balance?
Torrent Power has a Work-Life Balance Rating of 3.8 out of 5 based on 1,400+ employee reviews on AmbitionBox. 68% employees rated Torrent Power 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Torrent Power work-life balance reviews for more details
Is Torrent Power good for career growth?
Career growth at Torrent Power is rated as moderate, with a promotions and appraisal rating of 3.0. 32% employees rated Torrent Power 3 or below, while 68% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Torrent Power promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Torrent Power?
Working at Torrent Power comes with several advantages and disadvantages. It is highly rated for job security and work life balance. However, it is poorly rated for promotions / appraisal, salary & benefits and work satisfaction, based on 1,400+ employee reviews on AmbitionBox.
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